Looking at the list on the webpage, what do you see?
Most of these companies are either selling junk or have mismanaged themselves to death.
The fact that a company selling non-essentials (flowers) should have difficulty in hard times is a no-brainier. FTD for example is freakingly overpriced. $100 for a small arrangement? I ain’t spending that. They priced themselves out of business.
An overpriced steakhouse chain goes under? While I like the occasional steak, $35 for an 8oz cut is robbery. Bye.
We have had a number of businesses go under around here, but tattoo parlors and vaping shops do little for me or the local economy.
Look beyond the dramatic headline and see what the root causes are.